In today’s cryptography, Trump-linked World Liberty Financial weighed the $1.5 billion NASDAQ listed financing company to hold WLFI tokens, and a significant amount of ether shorts have been liquidated. Meanwhile, the Ukrainian Parliament is planning to implement the first reading of the crypto regulations.
World Liberty Financial weighs $1.5 billion public company to hold WLFI tokens
World Liberty Financial, a Trump family-backed Crypto Venture, is seeking to establish a publicly traded company to hold WLFI tokens with a funding target of approximately $1.5 billion.
The structure of the deal is still fixed, but it is said that the debate is moving forward quickly as key investors in technology and crypto are approached, according to a Bloomberg report on Friday.
The move will place global freedom in the growth wave of digital asset finance companies, publicly traded companies that hold crypto reserves. These companies raised an estimated $79 billion in 2025 from purchasing Bitcoin alone, according to the report.
World Liberty calls Donald Trump “co-founder Emeritus,” launched last year with plans for a crypto lending app and is now offering USD1, a dollar-backed Stablecoin.
$105 million ether shorts have become “smoked”, Eric Trump throws shade at the Bears
Ether has priced above $4,000 for the day’s biggest short position wipeout across all crypto assets on Friday, with some analysts saying the day could be set to a short aperture.
The rally led to Eric Trump, the son of US President Donald Trump, who took a jab with a bearish trader.
“I’m going to put a smile on my face to see my ETH shorts smoke today. Stop betting on BTC and ETH – you’ll run away,” Trump told X-Post Friday.
About $105 million of ether short positions were liquidated on Friday, accounting for around 53% of the total liquidated shorts from the crypto market as ether surpassed the $4,000 price level for the first time since December 2024, according to Coinglass.
Ukraine weighs invoices regulating crypto markets in late August
According to government officials, the Ukrainian Parliament is expected to implement the first reading of the cryptocurrency bill by late August. This law, if approved, can establish a legal framework for digital assets in line with European standards.
“The preparation of the bill regarding the taxation of transactions with virtual assets is currently in its final stage,” Danylo Hetmantsev, head of the Congressional Committee on Finance, Tax and Customs Policy, told Cointelegraph.
“It is estimated that the initial reading submission at Verkhovna Rada will be scheduled for the end of August 2025.”
An important provision in the bill is the ability for individuals to move forward and legalize previously acquired digital assets. Under the regulations, holders seeking to legalize their assets are reportedly reportedly reportedly paying a 5% personal income tax and a 5% military obligation.
